VAN DAM MANAGEMENT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VAN DAM MANAGEMENT
Largest movements
- Cash -€316,726
down €316,726 (-76.0%), from €416,865 to €100,139
mainly Other debts (-€163,657) and Contributions, distributions and other (-€129,228)
- Receivables within one year +€56,887
up €56,887 (+65.9%), from €86,387 to €143,275
of which Other amounts receivable: +€58,139
- Current investments +€48,766
up €48,766 (+65.3%), from €74,734 to €123,501
- Tangible fixed assets +€46,448
up €46,448 (+153.1%), from €30,337 to €76,785
of which Other tangible fixed assets: +€45,223
- Deferred charges and accrued income -€11,523
down €11,523 (-61.5%), from €18,731 to €7,208
- Other debts -€163,657
down €163,657 (-55.9%), from €292,885 to €129,228
- Tax, wage and social debts -€14,486
down €14,486 (-53.3%), from €27,162 to €12,676
- Gross operating margin -€218,535
down €218,535 (-55.7%), from €392,685 to €174,150
- Taxes -€52,522
down €52,522 (-57.2%), from €91,896 to €39,374
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €627,055 | €450,907 | -€176,148 | -28.1% |
| Fixed assets | 21/28 | €30,337 | €76,785 | +€46,448 | +153.1% |
| Tangible fixed assets | 22/27 | €30,337 | €76,785 | +€46,448 | +153.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €4,534 | €10,672 | +€6,138 | +135.4% |
| Furniture and vehicles | 24 | €5,974 | €1,061 | -€4,914 | -82.2% |
| Other tangible fixed assets | 26 | €19,829 | €65,053 | +€45,223 | +228.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €596,718 | €374,122 | -€222,596 | -37.3% |
| Amounts receivable within one year | 40/41 | €86,387 | €143,275 | +€56,887 | +65.9% |
| Trade receivables | 40 | €44,636 | €43,385 | -€1,252 | -2.8% |
| Other amounts receivable | 41 | €41,751 | €99,890 | +€58,139 | +139.3% |
| Current investments | 50/53 | €74,734 | €123,501 | +€48,766 | +65.3% |
| Cash at bank and in hand | 54/58 | €416,865 | €100,139 | -€316,726 | -76.0% |
| Deferred charges and accrued income | 490/1 | €18,731 | €7,208 | -€11,523 | -61.5% |
| Total equity and liabilities | 10/49 | €627,055 | €450,907 | -€176,148 | -28.1% |
| Equity | 10/15 | €307,008 | €305,148 | -€1,860 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,408 | €286,548 | -€1,860 | -0.6% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €269,658 | €267,798 | -€1,860 | -0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €320,047 | €145,759 | -€174,288 | -54.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €320,047 | €145,759 | -€174,288 | -54.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | €3,855 | +€3,855 | |
| Suppliers | 440/4 | €0 | €3,855 | +€3,855 | |
| Taxes, remuneration and social security | 45 | €27,162 | €12,676 | -€14,486 | -53.3% |
| Taxes | 450/3 | €27,162 | €12,676 | -€14,486 | -53.3% |
| Other amounts payable | 47/48 | €292,885 | €129,228 | -€163,657 | -55.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €14,653 | +€14,653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,809 | €3,600 | -€209 | -5.5% |
| Other operating charges | 640/8 | €2,322 | €2,115 | -€207 | -8.9% |
| Non-recurring operating charges | 66A | €1,682 | €4,608 | +€2,925 | +173.9% |
| Gross operating margin | 9900 | €392,685 | €174,150 | -€218,535 | -55.7% |
| Operating profit (loss) | 9901 | €384,871 | €163,826 | -€221,045 | -57.4% |
| Financial income | 75/76B | €2,274 | €4,362 | +€2,088 | +91.8% |
| Recurring financial income | 75 | €2,274 | €4,362 | +€2,088 | +91.8% |
| Financial charges | 65/66B | €2,364 | €1,446 | -€917 | -38.8% |
| Recurring financial charges | 65 | €2,364 | €1,446 | -€917 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €384,781 | €166,742 | -€218,039 | -56.7% |
| Income taxes | 67/77 | €91,896 | €39,374 | -€52,522 | -57.2% |
| Profit (loss) for the period | 9904 | €292,885 | €127,368 | -€165,517 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €292,885 | €127,368 | -€165,517 | -56.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.